Market Curiosity: Exploring Markets And Systems

December 31, 2010

Snippets and quotes from December 2010

Filed under: Snippets — Jeff Fitzmyers @ 6:37 pm

MARKET TIPS:
Hammers are VERY RELIABLE in the gold stock sector. my favorite one day reversal pattern in the golds fwiw. — Xiphos_Trading

It can ALWAYS go higher… In the past, I’ve avoided great stocks just because it looked like they’d already had great runs. Then I watched as they proceeded to soar, over and over again. — Dr. Steve Sjuggerud

Markets will rise higher than you think is possible and fall lower than you can possibly imagine. — Jim Rogers

The second thing is again from history, it’s usually bullion that moves initially. And then when it (gold) has moved enough to change the economics of companies mining gold, like Newmont, Barrick, Agnico Eagle, Goldcorp, those sort of things start to perform well. — Robin Griffiths of Cazenove

TLT and ZB just cannot get off the mat. The longer it doesn’t bounce the less confidence longs have that it will bounce. — Xiphos_Trading

Instead of looking for the weak stock to buy on a dip. Look for what acts strong in a weak tape. — Dan Zanger

… are you able to take risks and fail? Can you learn from your failures? — Prasad Kaipa

When weekly $VIX closes < lower Bollinger Band, next 6 weeks VIX up 13/15 times, avg +22.7%. Median max loss -2.1%, median max gain +35.0%. — Jason Goepfert

I see many here trying to predict what will happen next. How about just reacting to what happens. One reason why 99% fail at trading. — Dan Zanger

A great primary bull market is an expression of something changing in a very fundamental and meaningful way. Following a great bull market, the world is never quite the same. — Richard Russell

I can’t emphasize enough the importance of staying with the trend in the market, being in gear with the tape, and not fighting the major movements. Fighting the tape is an invitation to disaster. — Martin Zweig

OTHERS:
The universe is made of stories, not atoms. — Muriel Rukeyser

What happens when you refuse to take on debt – of any sort? TPTB lose their ability to manipulate you! — Ticker Guy

Complaining is complaining, and it disallows improvement. — Abraham

If [you] have enough money [to take a risk and don’t], then what is the point of money? — David Thomson

Success is how high you bounce when you hit bottom. – George S. Patton

The more you say, the less people remember. – Francois FeNelon

Never tell me the skies the limit when there are footprints on the moon. — ?

ATM that dispenses shiny 24-carat gold news quote: “An ounce is a little larger than a quarter.” And gold is in a “bubble”?!?!?!? People don’t even know what an ounce of gold looks like! — Jeff

Space isn’t the final frontier, opportunity is, and it’s infinite. It serves no useful purpose whatsoever to try to limit people’s access to opportunity … they will do it elsewhere, and the [we] will get left behind. — Doug Casey

It’s not how much you know, but the truth and quality of what you know. – Trader Vic (Victor Sperandeo)

The grass is greener where you water it. — Ted McGrath

Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you. — Friedrich Nietzsche

In three words I can sum up everything I’ve learned about life: it goes on. — Robert Frost

A man always has two reasons for doing anything: a good reason and the real reason. – J.P. Morgan

Paper money’s track record is unblemished by success. — Rick Rule

You do not have to have money to attract money, but you cannot feel poor and attract money. The key is, you have to find ways of improving the way you feel from right where you stand before things can begin to change: By
softening your attention to the things that are going wrong, and by beginning to tell stories that lean more in the direction of what you want instead of in the direction of what you have got, your vibration will shift; your point of attraction will shift-and you will get different results. — Abraham

Gratitude is the fairest blossom which springs from the soul. — Henry Ward Beecher

The supreme law of the State is self-preservation at any cost. – The Immorality of the State, 1870

To speak gratitude is courteous and pleasant, to enact gratitude is generous and noble, but to live gratitude is to touch Heaven. — Johannes A. Gaertner

Gratitude is not only the greatest of virtues, but the parent of all the others. — Cicero

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